§ Miss Richardsonasked the Chancellor of the Exchequer if he will update for 1980–81 the information on tax relief provided in his reply of 2 November 1979 to the hon. Member for Oldham, West, (Mr. Meacher) Official Report, cols. 693–94; and if he will provide the same information at constant prices.
§ Mr. Peter Rees[pursuant to his reply, 12 January 1981]: The information for 1980–81, with revised estimates for 1979–80, is as follows:
terms, the following series have been calculated using the retail prices index based on 1975–76 = 100 to convert from current to constant prices.
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Life assurance relief Mortgage interest relief* Approved pension schemes Employers' contributions to approved pension schemes Retirement annuity relief Age allowance 1963–64 165 230 — — 15 — 1964–65 165 275 — — 15 — 1965–66 165 325 — — 15 — 1966–67 160 360 — — 20 — 1967–68 170 405 — — 20 — 1968–69 180 420 — — 20 — 1969–70 205 480 — — 20 — 1970–71 210 540 285 475 25 — 1971–72 210 540 260 435 25 — 1972–73 210 590 275 485 NA — 1973–74 205 750 365 590 45 — 1974–75 195 865 425 685 NA — 1975–76 185 895 400 650 50 215 1976–77 175 945 345 650 50 255 1977–78 185 790 305 645 50 200 1978–79 185 780 350 705 50 185 1979–80 260 880 335 700 65 175 1980–81 285 1,030 315 395 70 195 *The estimate relates to all qualifying loans on property, not solely to building society mortgages.